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Published on 6/28/2018 in the Prospect News Investment Grade Daily.

Fitch affirms Achmea Bank

Fitch Ratings said it affirmed Achmea Bank NV's long-term issuer default rating at A.

The outlook is stable.

The agency said Achmea Bank's ratings are based on a view of an extremely high probability of support, in case of need, for the bank from its parent Achmea BV.

Achmea Bank's role in Achmea has a high influence on the bank's ratings, Fitch said.

The agency said its view is further supported by the bank's deep integration with the parent, common branding and reputational risks for Achmea in case of subsidiary default.


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